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cbeeson
New Member

I made an estimated tax payment on Jan10. IRS returned the estimated tax payment. Where do I enter the returned payment into Turbotax?

 
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4 Replies

I made an estimated tax payment on Jan10. IRS returned the estimated tax payment. Where do I enter the returned payment into Turbotax?

If you did not enter the estimated tax payment on a tax return then there is nothing more that you need to do concerning the payment.

cbeeson
New Member

I made an estimated tax payment on Jan10. IRS returned the estimated tax payment. Where do I enter the returned payment into Turbotax?

I entered the estimated tax payment to avoid underpayment penalty.  Where in TurboTax should I show the IRS refund?

I made an estimated tax payment on Jan10. IRS returned the estimated tax payment. Where do I enter the returned payment into Turbotax?

Did you file the 2024 tax return?  If not, then you can remove the estimated tax payment that you entered on the tax return.

To enter, edit or delete estimated taxes paid (Federal, State, Local) -

Click on Federal Taxes (Personal using Home and Business)
Click on Deductions and Credits
Click on I'll choose what I work on (if shown)
Scroll down to Estimates and Other Taxes Paid
On Estimates, click on the start or update button

 

cbeeson
New Member

I made an estimated tax payment on Jan10. IRS returned the estimated tax payment. Where do I enter the returned payment into Turbotax?

The estimated tax payment and subsequent refund by IRS reflects what actually occurred and I don't want to report false information to IRS.  In addition, the estimate should avoid underpayment penalties.

Where in TurboTax do I report the return by IRS of estimated tax payment?

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